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No blanket loan moratorium for MCO 3.0: Bank Negara Malaysia

Published Wed, May 12, 2021 · 05:50 AM

Kuala Lumpur

THERE are no plans to offer a blanket loan moratorium for Malaysia's latest nationwide Movement Control Order (MCO) from May 12 to June 7, said central bank governor Nor Shamsiah Mohd Yunus at a virtual press briefing on Tuesday.

Bank Negara Malaysia also maintained its full-year growth forecast for Malaysia's economy at between 6 per cent and 7.5 per cent in 2021.

Despite the imposition of MCO 2.0 in January this year, Malaysia's economy saw only…

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